SEC 13F Intelligence

Managers / Q4 2022 · view latest →

Trellus Management Company, LLC

CIK 0001307877 · 1615 S. CONGRESS AVE, SUITE 103, DELRAY BEACH, FL, 33445 · 646-561-2622

Reported Value
$79M
Q4 2022
Positions
56
Filings on Record
20
2019–present window
Filed
Jan 27, 2023
original filing

Summary

Trellus Management Company, LLC reported $79M in U.S.-listed holdings across 56 positions for Q4 2022.

Its largest position, Vertex Energy, represents 16.7% of the portfolio.

Compared with Q3 2022, the fund opened 19 new positions and exited 17.

Portfolio Metrics

Turnover
+25.6%
vs prior filed quarter
Top-10 Concentration
+50.1%
share of reported value
Largest Position
+16.7%
Vertex Energy
New / Exited
19 / 17
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $44MQ4 ’18Q1 ’19: $53MQ2 ’19: $74MQ3 ’19: $100MQ3 ’19Q4 ’19: $60MQ1 ’20: $56MQ2 ’20: $92MQ2 ’20Q3 ’20: $98MQ4 ’20: $121MQ1 ’21: $193MQ1 ’21Q2 ’21: $145MQ3 ’21: $137MQ4 ’21: $150MQ4 ’21Q1 ’22: $172MQ2 ’22: $82MQ3 ’22: $82MQ3 ’22Q4 ’22: $79MQ1 ’23: $85MQ2 ’23: $81MQ2 ’23Q3 ’23: $73Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 71.6%ETP: 26.5%ADR: 1.1%Other: 0.8%
  • Common Stock · 71.6% · $57M
  • ETP · 26.5% · $21M
  • ADR · 1.1% · $872,350
  • Other · 0.8% · $608,543

Quarter-over-Quarter Changes full breakdown →

vs Q3 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DIASPDR DOW JONES INDL AVERAGENEW+10.0K10.0K+$3M$3M
MRNAMODERNA INCNEW+10.0K10.0K+$2M$2M
SPXLDIREXION SHS ETF TRNEW+27.9K27.9K+$2M$2M
VGLTVANGUARD SCOTTSDALE FDSNEW+26.3K26.3K+$2M$2M
CCJCAMECO CORPNEW+30.0K30.0K+$680,100$680,100
GLOBALSTAR INCNEW+400.0K400.0K+$532,000$532,000
ZSZSCALER INCNEW+4.5K4.5K+$503,550$503,550
OLLIOLLIES BARGAIN OUTLET HLDGSNEW+10.0K10.0K+$468,400$468,400

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2022

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VERTEX ENERGY INCCOM16.66%$13M2.12M
2VICRVICOR CORPhistory →COM8.85%$7M129.9K
3AWKAMERICAN WTR WKS CO INC NEWhistory →COM7.91%$6M41.0K
4TLTISHARES TRhistory →20 YR TR BD ETF4.33%$3M34.3K
5EBIX INCCOM NEW2.78%$2M110.0K
6SPXLDIREXION SHS ETF TRhistory →DRX S&P500BULL2.19%$2M27.9K
7ASPNASPEN AEROGELS INChistory →COM2.19%$2M146.5K
8VGLTVANGUARD SCOTTSDALE FDShistory →LONG TERM TREAS2.05%$2M26.3K
9ALTERYX INCCOM CL A1.60%$1M25.0K
10RMNIRIMINI STR INC DELhistory →COM1.56%$1M324.0K
11DISDISNEY WALT COhistory →COM1.45%$1M13.2K
12CARPARTS COM INCCOM1.43%$1M180.0K
13UCOPROSHARES TR IIULTA BLMBG 2017 · ULTRA BLOOMBERG1.13%$888,90235.9K
14SBSWSIBANYE STILLWATER LTDhistory →SPONSORED ADR1.10%$872,35081.8K
15SPOTSPOTIFY TECHNOLOGY S ASHS1.00%$789,50010.0K
16ADSKAUTODESK INCCOM0.95%$747,4804.0K
17CCJCAMECO CORPCOM0.86%$680,10030.0K
18PERFORMANT FINL CORPCOM0.84%$666,359184.6K
19NEOGNEOGEN CORPCOM0.77%$609,20040.0K
20KTOSKRATOS DEFENSE & SEC SOLUTIOCOM NEW0.75%$594,09157.6K
21APPSDIGITAL TURBINE INCCOM NEW0.73%$579,12038.0K
22PACBPACIFIC BIOSCIENCES CALIF INCOM0.71%$560,33068.5K
23PARATEK PHARMACEUTICALS INCCOM0.70%$551,650295.0K
24GLOBALSTAR INCCOM0.67%$532,000400.0K
25ZSZSCALER INCCOM0.64%$503,5504.5K
26WESTPORT FUEL SYSTEMS INCCOM NEW0.62%$488,124630.0K
27OLLIOLLIES BARGAIN OUTLET HLDGSCOM0.59%$468,40010.0K
28CLNECLEAN ENERGY FUELS CORPCOM0.52%$410,80079.0K
29CANTALOUPE INCCOM0.50%$391,50090.0K
30CALLON PETE CO DELCOM0.47%$370,90010.0K
31DDOGDATADOG INCCL A COM0.47%$367,5005.0K
32UBERUBER TECHNOLOGIES INCCOM0.46%$360,06914.6K
33RNGRINGCENTRAL INCCL A0.45%$354,00010.0K
34PANWPALO ALTO NETWORKS INCCOM0.44%$348,8502.5K
35EQTEQT CORPCOM0.43%$338,30010.0K
36SNOWSNOWFLAKE INCCL A0.42%$334,8792.3K
37PACKRANPAK HOLDINGS CORPCOM CL A0.42%$334,08357.9K
38XYZBLOCK INCCL A0.40%$314,2005.0K
39MIRATI THERAPEUTICS INCCOM0.38%$300,7686.6K
40LNTHLANTHEUS HLDGS INCCOM0.37%$292,6635.7K
41SEMA4 HOLDINGS CORPCOM CL A0.37%$290,1801.10M
42LIONS GATE ENTMNT CORPCL A VTG0.36%$285,50050.0K
43LIVEPERSON INCCOM0.36%$281,48627.8K
44GENIGENIUS SPORTS LIMITEDSHARES CL A0.29%$225,18563.1K
45MOSMOSAIC CO NEWCOM0.28%$219,3505.0K
46AMZNAMAZON COM INCCOM0.27%$210,0002.5K
47GEGGREAT ELM GROUP INCCOM NEW0.25%$196,13097.1K
48DANIMER SCIENTIFIC INCCOM CL A0.15%$117,47165.6K
49PLBYPLBY GROUP INCCOM0.05%$42,95215.6K
50PROSOMNUS INC*W EXP 04/20/2020.00%$2,94837.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2023$73M55Oct 24, 202313F-HRchanges · EDGAR ↗
Q2 2023$81M57Jul 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$85M50Apr 20, 202313F-HRchanges · EDGAR ↗
Q4 2022$79M56Jan 27, 202313F-HRchanges · EDGAR ↗
Q3 2022$82M54Oct 25, 202213F-HRchanges · EDGAR ↗
Q2 2022$82M54Jul 13, 202213F-HRchanges · EDGAR ↗
Q1 2022$172M55Apr 21, 202213F-HRchanges · EDGAR ↗
Q4 2021$150M51Jan 31, 202213F-HRchanges · EDGAR ↗
Q3 2021$137M63Oct 26, 202113F-HRchanges · EDGAR ↗
Q2 2021$145M64Jul 30, 202113F-HRchanges · EDGAR ↗
Q1 2021$193M63May 3, 202113F-HRchanges · EDGAR ↗
Q4 2020$121M52Feb 10, 202113F-HRchanges · EDGAR ↗
Q3 2020$98M58Oct 20, 202013F-HRchanges · EDGAR ↗
Q2 2020$92M54Aug 12, 202013F-HRchanges · EDGAR ↗
Q1 2020$56M65May 6, 202013F-HRchanges · EDGAR ↗
Q4 2019$60M61Feb 20, 202013F-HRchanges · EDGAR ↗
Q3 2019$100M67Nov 1, 201913F-HRchanges · EDGAR ↗
Q2 2019$74M65Jul 31, 201913F-HRchanges · EDGAR ↗
Q1 2019$53M55Apr 23, 201913F-HRchanges · EDGAR ↗
Q4 2018$44M48Feb 4, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.